Medicare premiums 2017

This is not final, but the projected premiums from the latest Trustees Report for Medicare. 

Pay special attention to note 5 below. Remember, the premiums most people pay were limited last year because there was no COLA. The premiums in this table are what the premium should be and is for those new to Medicare in 2016. There is a lot of catching up to do. Who knows how Congress may fiddle with premiums in light of a modest SS COLA? 

Note 5   If the Social Security COLA were 0 percent (so that the BBA provisions would apply) or large enough to allow all Part B enrollees to pay the full 2017 premium, then the estimated 2017 premium would be roughly the same as the 2016 premium of $121.80. This amount includes the increase in premium to repay the general fund under the BBA, as the margin included in the 2016 Part B financing is projected to be adequate to absorb most of the additional repayment.
6 These amounts have already been determined.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s